SEBI needs to work towards reducing compliance burden, bringing down cost of market intermediation and take more investor protection measures, finance minister Nirmala Sitharaman said on Tuesday.
Addressing the SEBI Board, the finance minister said the regulator also needs to focus on further developing the corporate bond market, developing green bond market in the context of increasing focus on ESG investment, initiating next generation of reforms to improve ease of doing business and be prepared for the possible market turbulence on account of US Fed action.
SEBI eases investment concentration norm for AIFs
The SEBI Board has given Category III AIFs the flexibility to calculate investment concentration while investing in equities. They can now consider either the investable funds or the net asset value of the fund.
